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McDonald's spectacular growth continued in the 1970s. Americans were more on-the-go than ever, and fast service was a priority. In 1972, the company passed $1 billion in annual sales. By 1976, McDonald's had served 20 billion hamburgers, and system wide sales exceeded $3 billion. [citation needed]
McDonald's is the world's second-largest private employer with 1.7 million employees (behind Walmart with 2.3 million employees), the majority of whom work in the restaurant's franchises. [20] [21] McDonald's has been subject to criticism over the health effects of its products and its participation in various legal cases.
The game's rosters featured the best and most highly recruited high school boys graduating in 2008. The game was the 31st annual version of the McDonald's All-American Game first played in 1978. The 48 players were selected from 2,500 nominees by a committee of basketball experts.
The report also provided a breakdown of how much McDonald's contributed to the GDP in each U.S. state. In California, for example, the chain had an impact of $5 billion, while it had a $6.1 ...
McDonald's beat expectations for its third quarter results as the burger chain continues to investigate an E. coli outbreak.On Tuesday morning, the company posted revenue of $6.87 billion, up 3% ...
McDonald's is the latest big company to shift its tactics in the wake of the 2023 ruling and a conservative backlash against diversity, equity and inclusion programs.
McDonald's Next in Admiralty Centre, Hong Kong in 2015. 2010: Subway surpasses McDonald's as the largest single-brand restaurant chain and the largest restaurant operator globally. [87] 2011: McDonald's makes a deal with the Marine Stewardship Council to certify the fish used for the Filet-O-Fish sold in Europe. [88]
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